Most commercial leases include obligations in
relation to repair, decoration and yielding up at the end of the
lease.
Where a tenant is in breach of those obligations, the landlord
will seek to bring a claim against the tenant for the losses which
it suffers as a result of those breaches.
However, the assessment of those damages is often complicated,
particularly where a landlord has planned significant changes to
the property.
In today's market, such changes are becoming increasingly
common, as landlords are required to adapt work and retail spaces
for changing tenants' needs.
In this property litigation blog, we look at the
common law assessment of damages and the limitations on
landlords' claims imposed by statute.